Investor Opportunity - Updated 2 Bed / 2 Bath Condo in Prime Lafayette LocationPositioned in the heart of Lafayette, this updated 2-bedroom, 2-bath condo offersstrong rental appeal with proximity to shopping, dining, parks, the university area, and downtown--key drivers for consistent tenant demand. The unit features durable, low-maintenance flooring throughout (no carpet), reducing long-term upkeep costs. A spacious living and dining area combined with a split floor plan enhances tenant privacy--ideal for roommate-style leasing or maximizing rental income. Each bedroom includes private en-suite bathroom and spacious closet spaces. This dual-suite layout is highly desirable for students, young professionals, or shared living arrangements--supporting stable occupancy and competitiverental rates. Additional highlights: In-unit washer and dryer (added tenantconvenience). Turnkey condition with updates already completed. Low-maintenance condo living. Whether you're looking to expand your portfolio or secure a centrally located income-producing asset, this property offers a strong combination of location, layout, and rental versatility.
For sale
$102,000
701 S College Rd APT 208, Lafayette, LA 70503
2beds
960sqft
Est.:
Condominium
Built in 1982
-- sqft lot
$97,000 Zestimate®
$106/sqft
$317/mo HOA
What's special
In-unit washer and dryerSpacious closet spacesDurable low-maintenance flooring throughout
- 2 days |
- 150 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2026 at 11:17am
Listed by:
Monica Dumesnil,
Coldwell Banker Trahan Real Estate Group 337-993-1414
Source: RAA,MLS#: 2600002665
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Stove Con
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Cultured Marble Counters, Formica Counters, Granite Counters
- Flooring: Tile, Wood Laminate
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 960 sqft
Property
Parking
- Parking features: Assigned, Open
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Balcony, Lighting
Lot
- Features: 0 to 0.5 Acres
Details
- Parcel number: 6047749
- Zoning: residential
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Brick Veneer, Frame
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- Year built: 1982
Utilities & green energy
- Electric: Elec: City
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: South College Park
HOA
- Has HOA: Yes
- Amenities included: Management
- Services included: Accounting, Maintenance Grounds, Insurance, Legal, Pest Control, Repairs/Maintenance, Trash
- HOA fee: $317 monthly
Location
- Region: Lafayette
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $84,900
- Annual tax amount: $893
- Date on market: 3/31/2026
- Electric utility on property: Yes
Estimated market value
$97,000
$82,000 - $113,000
$1,148/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $102,000-7.3%$106/sqft |
Source:  RAA #2600002665 Report a problem | ||
| 3/27/2026 | Listing removed | $950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/15/2026 | Listed for rent | $950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/3/2025 | Listing removed | $950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/23/2025 | Listed for rent | $950+5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2025 | Listing removed | $110,000$115/sqft |
Source: RAA #2020023809 Report a problem | ||
| 5/14/2025 | Listed for sale | $110,000$115/sqft |
Source: RAA #2020023809 Report a problem | ||
| 7/14/2020 | Listing removed | $900$1/sqft |
Source: Gateway Realty, Inc. #20000705 Report a problem | ||
| 1/24/2020 | Listed for rent | $900+2.3%$1/sqft |
Source: Gateway Realty, Inc. #20000705 Report a problem | ||
| 12/13/2019 | Listing removed | $880$1/sqft |
Source: Trahan Real Estate Group #19007036 Report a problem | ||
| 11/28/2019 | Price change | $880-4.9%$1/sqft |
Source: Trahan Real Estate Group #19007036 Report a problem | ||
| 10/4/2019 | Price change | $925-5.1%$1/sqft |
Source: Trahan Real Estate Group #19007036 Report a problem | ||
| 7/12/2019 | Listed for rent | $975$1/sqft |
Source: Trahan Real Estate Group #19007036 Report a problem | ||
| 4/23/2012 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $893 +18.4% | $8,490 +17.8% |
| 2023 | $754 0% | $7,210 |
| 2022 | $754 -0.3% | $7,210 |
| 2021 | $757 +0.3% | $7,210 |
| 2020 | $754 +4.3% | $7,210 |
| 2019 | $724 -1.7% | $7,210 |
| 2018 | $736 +0.1% | $7,210 |
| 2017 | $735 | $7,210 |
| 2015 | $735 +0.1% | $7,210 |
| 2013 | $734 +470.6% | $7,210 |
| 2011 | $129 | $7,210 |
| 2010 | $129 | $7,210 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$892/mo
Principal & interest
$526
HOA Fees
$317
Property taxes
$49
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Climate risks
Neighborhood: 70503
Nearby schools
GreatSchools rating
- 7/10Woodvale Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 8/10L.J. Alleman Middle SchoolGrades: 6-8Distance: 1 mi
- 9/10Lafayette High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Woodvale
- Middle: L J Alleman
- High: Lafayette
Source: RAA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 70503
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- 70503
- 701 S College Rd Apartment 208
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